Contributor: Willis Bennett, ecomenergy.com
In an orderly universe, natural gas is cheap in the summer and expensive in the winter, right? Much of the natural gas infrastructure in North America is based on this simple premise with storage operators catching the value of their assets during the winter months. Unfortunately, of late this is not true or, at least it has not been true much over the past decade. Obviously with the Feb. contract at $2.55 and the Apr-Sept average at $2.87 it is not true now. But how about over the past few years?
If you look at the historical January to September spread at the expiration of the January contract compared to the later September contract, over the past 18 years January has expired in contango to the September contract 11 times. More interestingly, the Jan-Sep spread has been in contango 9 times since 2000. And six OUT OF THE LAST SIX YEARS. I don’t know if it is global warning, herd instinct, sunspots or just the annual event of the market trading to a low in Q1, but it sure doesn’t bode well for unhedged intrinsic storage plays, much less traditional seasonal gas spreads. Later next week, lets look at the April - September spread to see which is the most profitable month to inject.
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Spamhaus criminals
Spamhaus a bunch of liars and criminals
- Spreads slander about isps and their customers
- Infringes on peoples privacy
- Sends spam itself (their "abusemails" are undesired bulk email just as well)
- Blackmails ISPs to comply to their rediculous "demands"
- Actively pushes ISPs to let Spamhaus use their networks to commit computer sabotage
(hinder communications with specific other computer systems).
- Publicises private details illegally copied from databases
Spamhaus, despite claiming to be a not-for-profit organisation, is registered
as a UK limited, appearantly with a branch office in switzerland.
The Spamhaus Project Ltd.
26 York Street
London W1U 6PZ
United Kingdom
The Spamhaus Project Ltd.
Avenue Louis-Casai 18
Geneva
CH-1209
Schweiz
+41.225330399
and it's CEO and Founder Steve Linford
(resident of Monaco)
Companies House registration numbers found:
05303831 THE SPAMHAUS PROJECT
05078652 SPAMHAUS TECHNOLOGY LIMITED
Spamhaus, despite claiming to be a not-for-profit organisation, sells datafeeds
for large scale commercial use for profit.
Read more:
Complaints regarding Spamhaus:
http://www.cb3rob.net/spamhaus-ico-complaint.txt
Spamhaus attacks free speech:
http://www.quackpotwatch.org/opinionpieces/spamhaus%20attacks%20free%20s...
What you don't know about Spamhaus:
http://www.oswaldbousseau.com/about-spamhaus.html
Spamhaus-org-setzt-oesterreichs-Domainverwaltung-unter-Druck:
http://www.heise.de/netze/meldung/Spamhaus-org-setzt-oesterreichs-Domain...
Disclosure on the Spamhaus communication:
http://www.a2b-internet.com/spamhaus_spin_tactics_en.html
How to fill a criminal complaint against Spamhaus:
http://www.bolenreport.com/feature_articles/feature_article041.htm
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